Call for Applications: Ecobank Fintech Challenge 2021

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Ecobank Fintech Challenge 2021

The Ecobank Fintech Challenge identifies and partners Fintechs that are ready to scale and provides them with support and access to opportunities in Ecobank’s 33 African markets. The goal? To contribute to their growth as potential Pan African Fintech success stories.

The Challenge is open to all Fintechs on the African continent. Interested Fintechs can apply by sending details of their product as well as a demo here. These products must address one or more of a specific set of pain points which can be found here.

The selected finalists participate in the Ecobank Fintech Innovation Fair, with the top 3 finalists winning cash prizes. All finalists are inducted into the Ecobank Fintech Fellowship, which affords them the opportunity to explore deals, integration and commercial partnership with the Ecobank Group.

What’s in it for you: Benefits and Opportunities

Become a finalist; get inducted as an Ecobank Fintech Fellow and stand a chance to explore the following opportunities:

  • Multinational Product Roll Out
  • Competition Cash Prizes
  • Service Provider Partnerships
  • Access To Ecobank’s Pan-African Banking Sandbox
  • Access To Partner Network
  • Integration With Existing Ecobank Digital Offerings

Pain-Points: What we’re looking for

Customer Experience

  • Ecobank is looking for products that offer solutions and innovations in the following areas:
  • Digital customer onboarding (consumers, SME/Merchant, Investment Banking)
  • Improve customer experience at branches
  • Improve customer experience online
  • Digitization of the customer journey

Credit Scoring

  • We welcome innovative solutions that help improve lending to SMEs. For example:
  • 360° view on customers and prospects of financial activities
  • Digital Lending for SMEs

Ecosystem Aggregation

  • We are interested in working with innovators offering solutions on the following:
  • SME/Merchants onboarding on payment integration
  • Niche merchant aggregation
  • Provide easy access to non-smart phone users

Internal Tools

  • Digital solution to improve performance of salesforce
  • Agency banking: solutions that enable agents to offer more services

Payments

  • We’d be happy to learn how you can help us solve problems around
  • Offline Mobile to Mobile payments (Dead Zones)

Any Other Relevant Product Categories

  • Any other solution that you believe will revolutionize the banking sector in Africa.
Apply HERE

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